STOCK REPURCHASE PROGRAM
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12 Months Ended | |
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Dec. 31, 2013
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Share Repurchase Program Disclosure [Abstract] | ||
Share Repurchase Program Disclosure [Text Block] | 15. STOCK REPURCHASE PROGRAM In April 1998, the Company’s Board of Directors first authorized a stock repurchase program to purchase shares of its common stock in open market transactions at prevailing prices. In 2013, the Company purchased 195,050 shares at a total cost of $4.6 million through its stock repurchase program. In 2012, the Company purchased 285,422 shares at a total cost of $6.6 million through its stock repurchase program. In 2011, the Company purchased 175,606 shares at a total cost of $4.0 million through its stock repurchase program and 400,319 shares at a total cost of $9.0 million in a private transaction. At December 31, 2013, the Company was authorized to purchase an additional 628,000 shares under the program. |